Home / Knowledge / News / Apparel/Garments / Chinese govt withdraws subsidies to 'famous brands'
Chinese govt withdraws subsidies to 'famous brands'
06
Jan '10
In December 2008, the US administration had initiated a dispute at the World Trade Organisation (WTO) against a host of illegal subsidies provided by China to what are the so called 'Famous Brands', to which now the Chinese government has announced the withdrawal of subsidies.

The 'Famous Brand' subsidies were given to Chinese textile and clothing manufacturers to help them develop private labels to compete with other apparel products in domestic and overseas markets.

The US government challenged the subsidies by saying that these incentives gave Chinese manufacturers an unfair advantage and which also denied US producers, the chance to compete fairly with them in the US and other country markets.

Hailing this as a step in the right direction, the President of the National Council of Textile Organizations (NCTO), Mr Cass Johnson said that he is pleased that the US Trade Representative (USTR) has displayed an interest in addressing the question of illegal Chinese subsidies.

While raising its concerns over these subsidies, the US government had said that it has challenged an industrial policy that generated a huge number of central, provincial and local government incentives to promote and increase worldwide recognition and sales of famous brands.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jul 2017

Gartex all set to feature garment, textile solutions

Complete value chain of garment and textile manufacturing solutions...

Courtesy: Abercrombie & Fitch

Apparel/Garments | On 23rd Jul 2017

Abercrombie & Fitch launches products on Alibaba Tmall

Abercrombie & Fitch has announced the launch of Abercrombie & Fitch...

Apparel/Garments | On 23rd Jul 2017

NRF urges Congress to reject border adjustment tax

The National Retail Federation has urged Congress to reject a...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X